Best of the Web: 13-06-19, nr 792

Good morning. I am not sure what the ‘asset allocation’ line is (I guess JP Morgan’s allocation), but it is a nice overview of the various bond returns over the years
http://www.ritholtz.com/blog/2013/06/looking-at-asset-class-returns-by-year/

 

 

And speaking of asset returns, here’s another chart:

JAEK4zK6OHenGJjTbTJ1nM-inlFImNRWv8giOSiJpfimhEGwHukd0otWNVMbwjMsENPx7spqI40wDrvDD3pXP4m9xS-ClsJUitsNeE3BPg93jxAqpgirDmOsZg
http://www.businessinsider.com/asset-class-returns-since-november-2008-2013-6

 

Mark Thoma lists seven forms of market failure. Not all apply outside the US, but still
http://www.thefiscaltimes.com/Columns/2013/06/18/7-Important-Examples-of-How-Markets-Can-Fail.aspx

 

“Tokyo Shares Get a Second Look” From the WallStreet Journal
yZpmf5bXVaZPWQKOqzNrtaIgXHzbZ6kWyyKR8uITOU4hdYDimzaXSwjarjdwr1rom5WO_hcgtUJjWmt4DIfTrqVn9g84KEuIEO_crRtzQeK1CU15EhmDQ4myKQ
http://online.wsj.com/article/SB10001424127887323836504578551331459129980.html

 

More trouble brewing in China? Interbank rates have spiked (although they have done so in the past as well)
x1kBUIxUDuP5UAG_kUlUh9qi3jm_TfEQal3Lz3PmOv9tIo8tXQ7YapjKToWOJUGROKBSkF5EprLmVtU0LBB3JSl7vfNQ19TfFuwKJQmEvB3nkuqPA8Z02gpqXg
http://www.businessinsider.com/pboc-no-relief-amid-credit-crunch-2013-6

 

The credit quality of companies is steadily deteriorating, according to these charts…
japXXVl3c67tBSw-Co-7QmWX24M3HY0hxZ_KyDWBFmK9sUkTFzAf2DlMxEgz-MaSbnZT2Jl7Uqe1evShnGeTSM1L-Cq8VKMGNRjYHTuZhcysoe3b4g0GLnNoWw
http://www.zerohedge.com/news/2013-06-18/credit-cycle-over

 

…which brings us to this chart: corrections in High Yields. We have seen nothing out of the ordinary just yet
YCGZ_xDV82TDwULceEKpNDIbsGRQaUmsJJOzv0e65OM5BBeWwa7NXpQv5lmJk8rhbBg_-ViQ5KfanJC0jYAAsZzedC66ZO8Y6eVZA4eo30wUnij4lsLr2V7aqQ
http://www.zerohedge.com/news/2013-06-18/what-correction-could-look

 

I continue to hear Nigeria popping up as the big up and coming economy…
Xbc-BrEZeHd7jHOKeFgTa_G5dtDiV7vt-C-oHAo4oV0HKs6pLbsjOMUxinGYWj_MepUYpi1gspF6gHAeuW7FTcTj6WR3H6rFz47_5owm66DKPi6Y-m1o_0VCbg
http://www.economist.com/blogs/graphicdetail/2013/06/daily-chart-10

 

 

How to lie with charts: initial claims ‘closely mirror’ stocks. Except that the axis is somewhat off…
pjbu8Cn72qput0YNYfbl_6g3M65cKWzUr9oucPisfFnS53blbxNs0rFBtV252kV2JZX4tze1RkA520YbVEYqY38DwBmTjGj3PJT2diH_shKjvHFFHteGil5I4A
http://blogs.wsj.com/moneybeat/2013/06/18/the-rally-in-three-charts-hint-its-not-all-about-the-fed/

 

A complete overview of all previous editions of Best of the Web can be found herehttp://tinyurl.com/c8ge4c5.All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

 

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